Aligned with normal spring break patterns, U.S. hotel performance showed mix comparisons from the previous week, according to STR‘s latest data through 1 April.
U.S. hotel GOPPAR highest since October 2022
U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019.
U.S. hotel results for week ending 25 March
Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 25 March.
U.S. hotel results for week ending 18 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 February.
U.S. hotel results for week ending 11 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 February.
U.S. hotel results for week ending 4 February
U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 4 February.
U.S. hotel revenues, profits and labor costs reached record-highs in 2022
Total U.S. hotel revenues, profits and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis.
U.S. hotel results for week ending 21 January
With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through 21 January.
U.S. hotel ADR and RevPAR reached record highs in 2022
The U.S. hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on record, according to 2022 data from STR.
Project and Room Counts in all stages of the U.S. hotel construction pipeline increase year-over-year at Q4 2022 close
In the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms Year-Over-Year (YOY).
